What I found shocking was how it dropped by 20% when the Q1 results were announced with the loss of customers. I would have thought that the brokers would have built this into their consensus estimates, but clearly did not.
Those third rate shopping centres are going to zero. See what is happening in the US where there is 500% more retail space than the UK. CBL has a FFO of 1x:
Buy low, sell high boys getting ready4 Jul 2019 13:39
Private equity investors said signs of distress were emerging in the retail sector, where bricks-and-mortar chains in the US and the UK were under pressure as consumers shifted more of their shopping online.
“Much like in the UK, retail across Europe has a huge question mark over it,” said Keith Breslauer, managing director at London-based Patron Capital. “Depressed values of retail property mean significant opportunities for investors who take a granular approach.”
Plus who knows what surprises the BoD have planned for us on the 24th. Hopefully not one which collapses the share price by 65% again. Though nothing surprises me with these dogsh*t BoD.
I have always been curious why would mug punters bother with CFDs for cryptos, when the leverage ratios are only 1:2 and extremely high fees and carry. Might as well buy the real thing. Geddit ;-)
Not likely to be material for plus, since only 30% of revenues are EEA retail derived, let’s say 10% is uk retail(non ecp), how much of that will be crypto?